A- A A+
Last Updated : Sep 16 2021 11:12PM     Screen Reader Access
News Highlights
PM Modi to address 21st Meeting of SCO Council of Heads of State tomorrow            PM to participate in Quad Leaders' Summit in Washington on September 24            Govt announces guarantee of up to Rs 30,600 crore to back Security Receipts to be issued by NARCL            FM Sitharaman to chair 45th meeting of GST Council tomorrow            Two Defence Office Complexes inaugurated in New Delhi           

Business News

Sep 15, 2021

Gems &Jewellery sector contributes around 7% to GDP; employs 50 lakh people: MoS Anupriya Patel

Tweeted by @AIR
Minister of State for Commerce and Industry Anupriya Patel has said that the Gems and Jewellery sector contributes around seven per cent to GDP and employs 50 lakh people.
She was speaking at a function to mark the 37th Edition of India International Jewellery Show Premier 2021.
She said, the sector has been one of the worst-hit sectors in the counrty during the Covid-19 pandemic as its exports saw a record 98 per cent decline in April 2020 due to the complete lockdown situation in the country.
Mrs Patel said, the Gems and Jewellery export promotion council has undertaken prompt measures.
As a result, the sector has shown a swift recovery and witnessed a positive growth of around 15 per cent in the fourth  quarter.
The Minister said, the revamped Gold Monetisation Scheme and reduction in import duty of gold will help the industry to grow to the next level.
She also said, the reforms will help the industry to achieve export target of 43.75 billion US dollar this year and gems and jewellery exports to 75 billion dollars in coming years.

   Related News

Live Twitter Feed

Listen News

Morning News 16 (Sep) Midday News 16 (Sep) Evening News 16 (Sep) Hourly 16 (Sep) (1910hrs)
समाचार प्रभात 16 (Sep) दोपहर समाचार 16 (Sep) समाचार संध्या 16 (Sep) प्रति घंटा समाचार 16 (Sep) (2200hrs)
Khabarnama (Mor) 16 (Sep) Khabrein(Day) 16 (Sep) Khabrein(Eve) 16 (Sep)
Aaj Savere 16 (Sep) Parikrama 16 (Sep)

Listen Programs

Market Mantra 16 (Sep) Samayki 1 (Jan) Sports Scan 16 (Sep) Spotlight/News Analysis 16 (Sep) Employment News 16 (Sep) रोजगार समाचार 16 (Sep) World News 15 (Sep) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 16 (Sep) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 11 (Sep) North East Diary 16 (Sep)